Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1887-07-09

Meth. Prot Chach.-Servces ut III q. III.
and p. IN. by Rev 5. J. Smith.
German Lutheran CAarch.-Services at .
D. m. by Rev. J. A. Schwoy
Young Mems Christian ASsociatiOn-P
er meeting st the rooms at 4:SO p. III. Aims
House at $50 p. m.
SALE OF A RAILRoAD.-The Alexandria
and Washington railroad was sold at public
auction at noon to-day in front of the Gus.
toms House building, to Col. +. l.. Smith,
for 100000. The sale was made by NJ. r.
Peasants, master and commissioner, APP
pointed to make the sale by virtue and un-
der authority of decree rendered by the
Circuit Court of the United States for the
Eastern district of Virginia, on the 9TH day
of April, 1884, in the chancery cause OF
Alexander Hay VS.. The Alexandria and
Washington Railroad Company and Others,
therein depending
At noon quite crowd assembled in front
of tho Customs House, among them being
Messrs. J. n DuBarry and H. H. Carter, of
the B. & P road H. II. Wells and Randall
Haener, of Washington, and q number OF
private citizens. The advertisement of the
sale as it was published in the GAZETTE was
read by Mr. g. r. Shun for Messrs. K. t.
Lucas & Co, after which Mr.. Lucas an
nounced that he was ready to receive bids.
COL Smith bid $780, 600 and after an inefiec.
tua effort by the auctioneer to have the bid
raised, the road was knocked down to Col.
Smith and his associates, who. it is under
stood, purchased the property in the interest
the Pennsylvania railroad. The sale OF the
road carried with it
'Al the rights privileges, franchises and proper
ty OF the Alexandria and Washington r. K. Com
psny except the fund now hereafter to come
into the hands of the receiver, and debts due the
company The road consists of q double
track railroad from point in the county OF Alex
andrja opposite the city of Washington, near the
south end of the Long Bridge, to st. Asaph juno
ton two single tracks from ST. Asaph junction
into this city one passing through Henry street
to Duke street, and the other through ST. Assph
street to Princess street, with side-tracks turn
outs. &c
The tertus Of sale were
Cash as to the following sums viz: S59,-
G1027, with interest thereon at the rate oil
six per centum per annum from January lSth'
1882 until paid $60O 600, with interest thereon
At the rate of six per centum per annum IRON
July Ist, 1857, until paid $4,000, with interest
thereon at tho rate of seven per centum per an
nnm from January 22d, 1862, until paid, and with
interest upon all of the halfyearly coupons of $50
e.cb attached to each of said bonds, and Oh each
running from the pod day of July, 1857, to the
BOD day of July 1877, both inclusive. until paid;
$40, 1852, with interest on $50, 696 %. part
thereof from September 10Th, 1883, till paid, and
$40 7S5 62, with interest on SOILS. part
thereof, from September 10Th, 1888, till paid,
and as to the residue of the purchase money upon
credit of one, two aud three years with interest
from the day of SALE evidenced by negotiable
notes, the title being retained under the control
of the court until full compliance has been made
with the terms of sale and until all the money IS
paid and subject to resale in csse OF default
AS the property did not bring enough to
satisfy oil the debts due by the company, 1t
is understood that the claims will be paid
according to their priority, and that SIX.
niueteentbs will be applied to the payment
of the $50, 6lO.27, and thirteen nineteenths
to the payment of the 100000, which will
more than take the entire sum of the pur'
chase money. After the property had been
struck off deposit of 900 was made by
Col. Smith and ais associates in the First
National Bank. According to the terms OF
the sale the purchaser is not to be let into
she possession of the property until alter
the final ratification of sale, and the future
order of the court to that effect.